Pennar Industries Ltd. - Interim / Quarterly Report 2022

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PENNAR INDUSTRIES LIMITED

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1
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Disclaimer
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This presentation and the accompanying slides (the “Presentation”) have been prepared by Pennar Industries Limited (“Pennar” or the “Company”) solely for information purposes and do not constitute an offer to sell or, recommendation or solicitation of an offer to subscribe for or purchase any securities and nothing contained herein shall form the basis of any contract or commitment whatsoever.

The information contained in this Presentation should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the Presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. This presentation is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither the Company nor its affiliates, advisors or representatives are under an obligation to update, revise or affirm.

You acknowledge and agree that the Company and/or its affiliated companies and/or their respective employees and/or agents have no responsibility or liability (express or implied) whatsoever and howsoever arising (including, without limitation for any claim, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this Presentation and neither the Company, its affiliated companies nor their respective employees or agents accepts any liability for any error, omission or misstatement, negligent or otherwise, in this Presentation and any liability in respect of the Presentation or any inaccuracy therein or omission therefrom which might otherwise arise is hereby expressly disclaimed. Certain statements contained in this Presentation may be statements of the Company’s beliefs, plans and expectations about the future and other forward looking statements that are based on management’s current expectations or beliefs as well as a number of assumptions about the Company’s operations and factors beyond the Company’s control or third party sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward looking statements. Forward looking statements contained in this Presentation regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. There is no obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward looking statements, which speak only as of the date of this Presentation.

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Discussion Summary
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Results Update

 Company Overview

Q1 FY22: Consolidated Profit & Loss Statement	Q1 FY22: Consolidated Profit & Loss Statement	Q1 FY22: Consolidated Profit & Loss Statement	Q1 FY22: Consolidated Profit & Loss Statement
Particulars (Rs. in Mn)	Q1 FY22	Q1 FY21	YoY%	FY21	FY20	YoY%
Revenue From Operations (Net of Taxes)	4,883	1,662	193.8%	15,254	21,066	-27.6%
Other Income	25	28	-8.3%	187	203	-8.0%
Total Income	4,908	1,690	190.5%	15,440	21,268	-27.4%
COGS	3,018	1,011	198.5%	9,199	12,578	-26.9%
Gross Profit	1,891	679	178.6%	6,241	8,690	-28.2%
Gross Margin %	38.5%	40.2%	-164 bps	40.4%	40.9%	-44 bps
Employee Expenses	404	311	29.7%	1,364	1,618	-15.7%
Other Expenses	1,086	500	117.2%	3,762	5,178	-27.3%
EBITDA	401	-133	-402.1%	1,115	1,894	-41.1%
EBITDA Margin %	8.2%	-7.85%	1602 bps	7.2%	8.9%	-168 bps
Depreciation	128	121	5.7%	482	428	12.5%
Finance Cost	183	198	-7.5%	797	835	-4.5%
Exceptional item	-	-	0.0%	200	0	100.0%
PBT	90	-451	-120.0%	36	631	-94.2%
Tax expense	27	-111	-124.4%	8	97	-91.7%
PAT Before MI	63	-340	-118.6%	28	534	-94.7%
PAT Margin %	1.3%	-20.1%	2144 bps	0.2%	2.5%	-233 bps
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Key Business Updates
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